Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

SCHULTZE SPECIAL PURPOSE ACQUISITION CORP. II

 

(Name of Issuer)

 

Class A common stock, $0.0001 par value

(Title of Class of Securities)

 

808212104

 

(CUSIP Number)

 

December 31, 2023

 

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

☐ Rule 13d-1(b)

 

☒ Rule 13d-1(c)

 

☐ Rule 13d-1(d)

 

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 
 

 

CUSIP No. 808212104

 

1.

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

Tenor Capital Management Company, L.P.

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a) ☐

(b) ☒

3.

SEC USE ONLY

 

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware, USA

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

5.

SOLE VOTING POWER

 

0

6.

SHARED VOTING POWER

 

0*

7.

SOLE DISPOSITIVE POWER

 

0

8.

SHARED DISPOSITIVE POWER

 

0*

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

0*

10.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

0%*

12.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

IA

 

 
 

 

CUSIP No. 808212104

 

1.

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

Tenor Opportunity Master Fund, Ltd.

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a) ☐

(b) ☒

3.

SEC USE ONLY

 

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

5.

SOLE VOTING POWER

 

0

6.

SHARED VOTING POWER

 

0*

7.

SOLE DISPOSITIVE POWER

 

0

8.

SHARED DISPOSITIVE POWER

 

0*

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

0*

10.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

0%*

12.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

OO

 

 
 

 

CUSIP No. 808212104

 

1.

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

Robin Shah

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a) ☐

(b) ☒

3.

SEC USE ONLY

 

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

USA

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

5.

SOLE VOTING POWER

 

0

6.

SHARED VOTING POWER

 

0*

7.

SOLE DISPOSITIVE POWER

 

0

8.

SHARED DISPOSITIVE POWER

 

0*

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

0*

10.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

0%*

12.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

IN, HC

 

 
 

 

CUSIP No. 808212104

 

< /tr>
Item 1. (a). Name of Issuer:
     
    Schultze Special Purpose Acquisition Corp. II
     
  (b). Address of issuer’s principal executive offices:
     
   

800 Westchester Avenue, Suite S-632

Rye Brook, NY 10573

     
     
Item 2. (a). Name of person filing:
     
   

Tenor Capital Management Company, L.P.*

Tenor Opportunity Master Fund, Ltd.*

Robin Shah*

     
     
    Address or principal business office or, if none, residence:
     
  (b). Tenor Capital Management Company, L.P.
    Tenor Opportunity Master Fund, Ltd.
    Robin Shah
     
    810 Seventh Avenue, Suite 1905, New York, NY 10019
     
     
  (c). Citizenship:
     
    Tenor Capital Management Company, L.P. – Delaware, USA
   

Tenor Opportunity Master Fund, Ltd. – Cayman Islands

Robin Shah – USA

 

     
  (d) Title of class of securities:
     
    Class A common stock, $0.0001 par value
     
    CUSIP No.:
     
  (e). 808212104

 

 
 

 

CUSIP No. 808212104

 

Item 3. If This Statement is filed pursuant to §§.240.13d-1(b) or 240.13d-2(b), or (c), check whether the person filing is a

 

  (a)   [_]   Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
           
  (b)   [_]   Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
           
  (c)   [_]   Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
           
  (d)   [_]   Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-
          8).
  (e)   [_]   An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
           
  (f)   [_]   An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
           
  (g)   [_]   A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
           
  (h)   [_]   A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.1813);
           
  (i)   [_]   A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
           
  (j)   [_]   A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);
           
  (k)   [_]   Group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution:

 

 
 

 

CUSIP No. 808212104

 

Item 4. Ownership.

 

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

  (a) Amount beneficially owned:

 

Tenor Capital Management Company, L.P. – 0*

Tenor Opportunity Master Fund, Ltd. – 0*

Robin Shah – 0*

 

 

 

  (b) Percent of class:

 

Tenor Capital Management Company, L.P. – 0%*

Tenor Opportunity Master Fund, Ltd. – 0%*

Robin Shah – 0%*

 

  (c) Number of shares as to which Tenor Capital Management Company, L.P. has:

 

  (i) Sole power to vote or to direct the vote   0 ,
           
  (ii) Shared power to vote or to direct the vote   0* ,
           
  (iii) Sole power to dispose or to direct the disposition of   0 ,
           
  (iv) Shared power to dispose or to direct the disposition of   0* .
           
  Number of shares as to which Tenor Opportunity Master Fund, Ltd. has:      
           
  (i) Sole power to vote or to direct the vote   0 ,
           
  (ii) Shared power to vote or to direct the vote   0* ,
           
  (iii) Sole power to dispose or to direct the disposition of   0 ,
           
  (iv) Shared power to dispose or to direct the disposition of   0* .

 

  Number of shares as to which Robin Shah has:      
           
  (i) Sole power to vote or to direct the vote   0 ,
           
  (ii) Shared power to vote or to direct the vote   0* ,
           
  (iii) Sole power to dispose or to direct the disposition of   0 ,
           
  (iv) Shared power to dispose or to direct the disposition of   0* .

 

* This report shall not be deemed an admission that any reporting person or any other person is the beneficial owner of the securities reported herein (or was a beneficial owner of the securities previously reported herein) for purposes of Section 13 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

 

 
 

 

CUSIP No. 808212104

 

Item 5. Ownership of Five Percent or Less of a Class.

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☒.

  

Item 6. Ownership of More Than Five Percent on Behalf of Another Person.

 

If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.

 

N/A

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

 

If a parent holding company or control person has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company or control person has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.

 

N/A

 

Item 8. Identification and Classification of Members of the Group.

 

If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to Rule 13d- 1(c) or Rule 13d-1(d), attach an exhibit stating the identity of each member of the group.

 

N/A

 

Item 9. Notice of Dissolution of Group.

 

Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.

 

N/A

 

Item 10. Certification.

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

 

 
 

 

CUSIP No. 808212104

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Dated: February 14, 2024 Tenor Capital Management Company, L.P.
   
  By: /s/ Robin Shah
  Name: Robin Shah
  Title: Managing Member of its general partner, Tenor Management GP, LLC

 

  Tenor Opportunity Master Fund, Ltd.
   
  By: /s/ Robin Shah
  Name: Robin Shah
  Title: Authorized Signatory

 

  Robin Shah
   
  By: /s/ Robin Shah
  Name: Robin Shah

 

The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative’s authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.

 

Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See s.240.13d-7 for other parties for whom copies are to be sent.

 

Attention. Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001).